Isaiah Sullivan
Investing in another state
I’d appreciate any thoughts or experiences people have on investing in another state. I live and work full-time in New York. However, I’d prefer to invest in property in my hometown of Georgia. Distance is my main con...
Leslie Johnson
What do you do about pets?
What are your thoughts on tenants having pets? Do you charge an extra monthly rate for pets? Limit size? Extra security deposit?
Andrew Morales
Isn't reducing rent better than a vacancy?
New tenants who have already made a deposit and signed a contract are now asking if we'll be flexible if they lose their jobs in this new COVID-19 environment. My first thought is that they can sell their contract, b...
Mark Miles
When your Cleaners don’t go until 1 or 2 days after check out
During slower months, sometimes you have a few days in between bookings and your cleaners can’t go until one or two days after checkout. Has anyone had any issues leaving their place unoccupied for one or two days aft...
Adrian Vega
Tenant feels I don’t trust them.
Hello all,Thanks for any input. So I have owned a 3 family since February of this year. I did inherit my 2 tenants anyways I have always texted them a day before letting them know I would pick up the rent from them an...
Mike Bianchi
What to do with 700,000 ? Pay down , leverage or stocks
Hey everyone ! I’ve posted a few times before but it seems it’s been a while and so many things have changed . Quick summary ! Young guy, owe about 2.6 million in loans in RE , also have a job that’s yields about 200-...
Chelsea Price
Do I need a management company?
My goal is to purchase my first STR this year or early next. The location I have my eye on is a 3 hr drive from my home in a vacation destination. My question is: How do you know whether to hire a management company o...
Micheal Waldrup
$75,000 for maximum cash flow. How would you do it?
I'm currently comfortable with using $50k - $70k of my savings to invest for maximum cash flow. I have to add that caveat (cash flow) since I'm due to get out of the Navy here in 7 months. I'd love to not have to go b...
Virginia Damato
Hard Money lending advice
Good morning BP
I have bought properties either using personal or private funds.
In the current climate I want to keep more cash on hand.
So now I'm entering the Hard Money arena.
Can I have some advice on what t...
Jennifer McPherson
Offer accepted on 3rd property! Woot!
Super excited to announce we will be closing in September on our 3rd property! We will be moving out of our current house into the new house and renting the house we are in now. Both our current houses (in the North...